Income allocation on the drawing board. (insurer programs for variable-annuity customers)
Sunday, 07 December 1997 19:00
Publication: National Underwriter Life & Health-Financial ServicesEdition
Date: 1997-12-08
Author: Koco, Linda
Asset allocation, move over. Make room for your soulmate, income allocation.
That is the message that seems to be circulating in some insurance corridors, as insurers look for ways to help customers "take income" from their accumulation products, such as variable annuities, during retirement.
The idea, according to speakers here at an immediate variable annuity seminar sponsored by Global Business Research, New York City, is to use income allocation programs to help VA clients select income options that ...
